Texas based energy company, GridPlus Energy have announced they now accepting cryptocurrency such as Ethereum and Dai for payment option. They also confirmed that they will be adding Bitcoin soon as well the other major cryptocurrencies in the future. The new payment option, the settlement cycles can speed up for the 15-minutes interval whereas currently the settlement interval on monthly basis.
A cooperation agreement has been signed between Iota Foundation and incubator Nova to aid the blockchain start-ups in the industry for their development program. Iota Foundation has introduced the Iota crypto (MIOTA) with the aim in financing the blockchain start-ups to work on the Iota platform where the assistance will be provided within the Iota Cofoundary program.
A blockchain and mobile technology company, NYNJA Group Ltd. have shared that memorandum of understanding (MOU) has been signed with a blockchain security company, Pukao Global. The MOU signed between the two parties aims to establish and exchange technology to solve the possible attacks that could occur on the blockchain and make the technology accessible to everyone.
Complaints against a cryptocurrency mining platform ‘CryptoMining.Farm’ has been filed in Bangkok Thailand which has affected 30 people with fake promises of getting a high return from their investment. Thai’s authorities believed that approximately 140 people are in the actual victim of the cryptocurrency scam although only 30 people have made the complaint to the Technology Crime Suppression Division.
A digital publishing houses in Europe, Axel Springer have recently announced that they will be accepting cryptocurrency micropayments using Stellar. The senior vp of new business, Axel Springer, Dr Valentin Schöndienst explained, “SatoshiPay offers a turnkey solution that allows us to instantly use blockchain technology and offer it to our customers.”
The Guangdong Municipal Taxation Bureau located in South China will be implementing a blockchain-powered electronic invoice platform soon which enable the consumers to view their tax invoice. In the report mentioned, “Blockchain technology has established a highly mutual trust data sharing mechanism among tax authorities, invoice service providers, taxpayers and other parties.”
A functional application for the Austrian humanitarian organization, Wiener Hifswerk with the aim of enhancing the transparency donation system with blockchain technology called Token4Hope. The CEO of DECENT said, “The great thing is that the end users do not need to know anything about blockchain whatsoever, as it is running smoothly in the background to power the system.”
The Product Hunt portal which mainly presents new online products and services to customers have recently ranked Binance Academy in the third place for the most popular portals. Apart from that, the Product Hunt portal has also listed the other cryptocurrency related services such as Robinhood trading platform and Earn.com in their recent list.
A blockchain security company, BitGo have launched cryptocurrency insurance in collaboration with the Lloyd’s of London. In the press release they mentioned, “BitGo Business Wallet clients will be able to purchase theft insurance and Lost Key Cover, a key recovery service, for their assets through Digital Asset Services, an insurance provider overseen by the Financial Conduct Authority.”
BankDhofar has become the latest financial institution that is extending RippleNet support to its Mobile App. Ripple has commented, “Ripple’s leading Blockchain solution for cross-border payments, including its bi-directional messaging and instant settlement features, enables BankDhofar to save customer’s time when sending payments overseas, using BankDhofar Mobile banking App”.